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The U.S. Department of Labor has sent a proposed rule to the White House for review that would enable retirement plans to include alternative assets, such as crypto and private equity.
Frank Chaparro reports that this move follows an executive action by U.S. President Donald Trump.
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Frank Chaparro has previously noted that Bitcoin saw notable rallies in the year after each of the last three U.S. midterm elections, as detailed in a prior report. He has also stated that issuers have begun asking questions about holding IPOs on-chain, suggesting that on-chain IPOs could arrive within a year. These reports follow ongoing discussion about integrating alternative assets into traditional investment vehicles.